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Novell Helps Put Provo Transportation Project Back on Track $6 Million Loan to Improve Freeway Interchange OREM, Utah -- January 31, 1997 -- With a $6 million loan to the city of Provo, Novell, Inc. has helped save a project to improve a major freeway interchange. Now, construction of a new freeway exit from I-15 at University Avenue will begin this year rather than suffer more delays. The interchange serves thousands of employees at Provo's East Bay Business Centre, which includes Novell's six-building campus as well as dozens of other businesses. In addition, a new shopping mall is planned for the area. Mayor George O. Stewart of Provo called this partnership the first of its kind in the state. "Provo City and the state of Utah have aggressively pursued funding for much-needed improvements to the I-15/University Avenue connector for many years," said the Mayor. "While we have had considerable success, we were far from having the necessary funding to begin construction. Thanks to Novell and this unique partnership, we will be able to proceed with construction almost immediately, thereby improving safety and flow of traffic for the benefit of our residents and others from throughout the county. We are fortunate to have a corporation like Novell in our community." "When we learned about the financing situation," said Darcy Mott, vice president and treasurer of Novell, "we knew we had to do whatever we could to accelerate the timetable for the interchange. Novell is proud to join the city and state as partners to make this project happen." Founded in 1983, Novell (NASDAQ: NOVL) is the world's leading provider of network software. The company offers a wide range of network solutions for distributed network, Internet, intranet and small-business markets. Novell education and technical support programs are the most comprehensive in the network computing industry. Information about Novell's complete range of products and services can be accessed on the World Wide Web at http://www.novell.com.
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